BASEL, Switzerland, Nov. 20 (TNSRes) -- The International Association of Insurance Supervisors
The International Association of Insurance Supervisors (IAIS) concluded yesterday its November committee meetings and the 28th Annual General Meeting and Annual Conference. Members and stakeholders reviewed progress on the IAIS work programme, shared important learnings about insurance supervision in the new normal and discussed key evolving trends affecting the sector.
"Over the past two weeks, we've furthered our work and engaged in deep discussions focussed on strategic themes vital to insurance supervision and to the insurance sector as a whole," said Vicky Saporta, Chair of the IAIS Executive Committee (ExCo). "I'm proud of how we have progressed this work with continuity and intensity of focus, thanks to the excellent cooperation and collaboration across our membership and engagement with our many stakeholders."
Opening this constructive series of meetings and events, the IAIS ExCo met virtually to discuss and approve key elements of the IAIS work programme and make important leadership appointments.
Good progress with the ICS and comparability assessment of the AM
The IAIS ExCo reaffirmed its commitment to delivering an Insurance Capital Standard (ICS) that is fit for implementation by supervisors by the end of 2024. The ICS monitoring period remains firmly on track, with strong engagement from participating insurers and supervisors. ExCo reconfirmed the existing timeline,...
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